When preparers can run business rules over their draft reports before they submit their data,they can be nfident about it.Furthermore,regulators get much better information.Large sets of public validation rules are extremely valuable in managing data quality,but they can also be mplex to maintain and test.
The European Banking Authority (EBA)yesterday issued a revised list of validation rules in its Implementing Technical Standards (ITS)on supervisory reporting.A number of rules have been deactivated as they appear to create problems or are inrrect.EU petent Authorities will not be assessing bank data against these particular rules.
Details here.
中文新闻:EBA停用某些验证规则 |